Your BIR Certificate Of Registration (BIR Form 2303)

Wondering what must be indicated in your Certificate Of Registration (COR) or the BIR Form 2303?


It must show your TIN, Registered Name, Business Name, the Tax Type, the Line of Business.

What are the important things you must consider when applying for COR?

The Tax Type and the Line of Business.

The Tax Type are those types of taxes that you must file and pay to the BIR.

These are the following:

1. Business Tax
2. Withholding Tax
3. Income Tax

The Business Tax is either VAT or Percentage Tax.

Withholding Tax are WHT on Compensation, WHT Expanded and WHT others

Income Tax are those Quarterly (1701Q and 1702Q) and Annually filed (1701 and 1702).

All of these taxes must be enumerated in your COR. Make it sure that they are there otherwise you will have some consequences to face at a later time if they are not complete.

Another important thing is the Line of Business.

The Line of Business is your basis in preparing your Financial Statements.  Make it sure you know your business nature whether you are engage in trading or manufacturing or servicing. And ensure that the right business nature is what reflected in that section otherwise your financial reporting will be prepared in mistake or error.

Also, your Tax Types and Line of Business are the point of reference of what Books Of Accounts you must register, and what are those you must indicate in your ATP application for Invoicing and Receipting.

So, I would suggest early on consult a professional when applying for your Business Registration to the BIR.